If using a fresh beet, preheat oven to 400 degrees Fahrenheit. Wrap it in aluminum foil and place it on a baking sheet. Cook for one hour or until tender (See Note 2)

Remove the beet from the oven and let it cool. Rub the skin off and dice it into medium size pieces.

Place all the ingredients in a food processor and process until smooth and creamy. You may need to add more water, one tablespoon at a time, to achieve the desired consistency.