Caramel Corn

Directions

1. 1
   Mix popcorn, cereal and peanuts in large bowl.
2. 2
   Preheat oven to 250°.
3. 3
   Melt butter in a large saucepan; stir in brown sugar and corn syrup.
4. 4
   Heat slowly, stirring constantly to boiling.
5. 5
   Cook without stirring for 5 minutes.
6. 6
   Remove from heat; stir in soda and vanilla.
7. 7
   Drizzle over popcorn mixture; toss lightly until evenly coated.
8. 8
   Spoon into large shallow baking pan.
9. 9
   Bake, stirring several times, 1 hour.
10. 10
    Cool and store in a lightly covered container.