Because yellow peaches are harvested at the peak of summer, making peach pies for a backyard party is one of the best ways to eat and serve fresh peaches. Serve the pie or cobbler warm with vanilla ice cream for a succulent dessert. Peach ice cream or sorbet makes for a refreshing dessert. Slowly simmered or stewed peaches with a touch of wildflower honey and cinnamon go nicely with pork or lamb dishes as the sweet and tart flavors meld with the stronger flavors of the meat. If you have an abundance of yellow peaches, cook them into jam, place them into a sterilized jar, and store them in the refrigerator for up to one month. If you know how to can jams or jellies, you can keep the cooked peach jam in the pantry for up to one year.