Caramel Cereal Pops

Directions

1. 1
   In heavy 3-quart saucepan, combine caramels and milk.
2. 2
   Cook and stir over low heat until caramels are melted and smooth.
3. 3
   Stir in the cereal and peanuts until well coated with caramel mixture. Press the cereal mixture into a greased 8 x 8 x 2-inch baking pan. Let stand about 1 hour or until firm.
4. 4
   Cut into 2-inch squares. Insert a wooden stick into one end of each square.
5. 5
   Makes 16 pops.