Hygrocybe procera is a colourful Hygrocybe (waxcap) fungus. First described as Hygrophorus procerus by Greta Stevenson in 1963, the species was transferred to Hygrocybe in 1971 by Egon Horak. It is only known with certainty from New Zealand.
The fruit bodies of this fungus are red, orange or yellow with a cap up to 5 cm in diameter, and a 15–70 x 3–6 mm cylindrical stipe (stem) of uniform diameter, or tapering towards its base. It is seen between February and June in forests.