In some cultures, it is considered good medicine to eat the placenta. Some women eat the placenta after giving birth due to it's high nutritional value. Many mammals actually eat the placenta after giving birth to prevent attraction of predators.

It is also said that placenta tastes similar to liver or other types of meat.

<tuxedo_packing> i imagine you would eat placenta like steak
<sparkleface> short for
<tuxedo_packing> fry it up with some peppercorn and salt
<sparkleface> I think it's more like liver
<sparkleface> sauteed onions
<sparkleface> and mushrooms