Yarn: Caron Simply Sort in Chocolate for body of hat (approx 47 yds); black acrylic remnant for nipple (approx 2.5 yds)
Needle: US size 4 circ
Pattern: Cast on 56 stitches. Work in round, using Magic Loop technique. Knit first inch or so in k2p2 ribbing. Switch to stockinette stitch and work until hat is 4.5 inches from the bottom edge. Begin decreases by working 8 decreases evenly on next round (i.e., every 7 stitches, k2 tog, leaving 6 stitches). Knit only next round. Continue decreasing every other found, 8 of them evenly around. When there are 24 stitches left, switch to black yarn for the nipple. Knit only the first two rounds, then go back to decreasing every other row. When there are 4 stitches left, knit 3 rounds without decreasing. Cut a 5-inch tail and thread that through the open loops on the needle. Remove needle and pull yarn tail tight. Weave in all ends and the hat is done!