Some practitioners believe that consuming the placenta after birth prevents postpartum depression and encourages milk production in new mothers.
A VERY funny article by a new father dealing with his wife's belief in eating her placenta afterbirth.
http://www.time.com/time/health/article/0,8599,1908194,00.html
I had no idea you could hire a placenta chef to come over and cook the afterbirth and then put it in pill form for the mother. Professionally they are called a Placenta Encapsulation Specialist.
A must see vidio how it's done. Filmed by the father, it's a real hoot.
http://www.time.com/time/video?bcpid=14836775001&bctid=27457107001