Method
Put oil, peppers, chili, onion, garlic, cilantro and oregano in a food processor. Pulse until crushed together enough to just blend. Add the ham and pulse until all ingredients are well blended and form a paste.
Put blended ingredients in a medium saucepan with achiote oil. Bring to a boil. When boiling, immediately lower heat to medium and cook at a healthy simmer for 15 minutes. Stir frequently.
Set mixture aside to cool. When cooled, put into a non-reactive container and store in the refrigerator.
Contributor: Joe Kirkpatrick
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