Tiny pink blobs on wooden fence rail

Tiny pink blobs on wooden fence rail

Observation - Tiny pink blobs on wooden fence rail. Description: Tiny bright pink blobs 1-3mm diam dotted amongst lichen on a sloping east-facing fence rail. Did not look like coral spot fungus.

Tiny bright pink blobs 1-3mm diam dotted amongst lichen on a sloping east-facing fence rail. Did not look like coral spot fungus.