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Place two cups of corn and all the milk into a food processor and blend thoroughly.
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In a pot, heat the oil and saute the onion and bell pepper until soft. Add the zucchini and cook for about 3 more minutes.
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Add the rest of the corn, all the broth and some salt and pepper. Bring to a simmer.
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Add the pureed corn and milk to the soup and warm through. Season with salt and pepper.
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When portioning the soup, garnish with basil.