A perfect gift for a friend; homemade caramel corn with a touch of molasses.
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24 cups popped popcorn
2 cups firmly packed brown sugar
1 cup Land O Lakes® Margarine
1/2 cup light corn syrup
1/2 teaspoon salt
2 tablespoons dark molasses
3/4 teaspoon baking soda
1 1/2 teaspoons vanilla
1 cup salted peanuts
Heat oven to 250°F. Place popcorn in large roasting pan; set aside.
Combine brown sugar, margarine, corn syrup, salt, and molasses in 2-quart saucepan. Cook over medium heat, stirring occasionally, 8-12 minutes or until mixture comes to a full boil. Continue cooking, stirring occasionally, 2-6 minutes or until candy thermometer reaches 238°F or small amount of mixture dropped into ice water forms a soft ball. Remove from heat; stir in baking soda and vanilla.
Pour over popcorn; sprinkle peanuts over caramel mixture. Stir until all popcorn is coated. Bake 20 minutes; stir. Continue baking 25 minutes. Remove from oven. Immediately place caramel corn on waxed paper; cool completely. Break into pieces. Store in tightly covered container.