Yellow blobby thing

The spaniel and I braved high winds and torrential rain early this morning. We avoided the woods where branches were falling down and headed out across the exposed river meadows. As a result we came across this strange yellow gelatinous structure. At first I thought it was a fungi but its not like any fungi I'm familiar with. It has no smell and doesn't appear to be attached to the ground. I assume its some form of slime mould. Any other suggestions?