In a large, heavy-bottomed pot, heat the oil over medium heat until hot. stir in the onions, garlic, shallots and jalapeños and sauté until softened, 3 to 5 minutes. stir in the ancho and new mexico chile powders, the oregano, cumin and salt, along with the tomato paste, chipotle chiles and tomatoes. add the beef broth and bring to a boil, stirring occasionally.
Stir in the beef, reduce the heat to a gentle simmer and cook, partially covered, until the meat is tender and the liquid is reduced and thickened, about 2 hours. stir occasionally, checking to make sure the heat is gentle and the chili does not burn. taste and adjust the seasoning as desired. this makes about 10 cups (2½ quarts) of chili. while the chili is cooking, make the corn bread.
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