Homemade Crackerjacks

Prep and Cook

• 1
  Preheat oven to 300 degrees F and line a baking sheet with parchment paper. Spread popcorn in a single layer (with peanuts, if desired) on the baking sheet and set aside.
• 2
  Lightly oil a rubber spatula with olive or vegetable oil, or non-stick spray. Set aside.
• 3
  To make hot caramel, place butter in a saucepan set over medium-high heat. Add brown sugar, corn syrup, molasses, salt and 2 tablespoons of water. Bring to a rolling boil and cook for 3 minutes, stirring thoroughly every minute.
• 4
  Remove from stovetop and add vanilla and baking soda. Stir well.
• 5
  Immediately pour hot caramel mixture over popcorn and evenly coat using the spatula.
• 6
  Bake popcorn for 30 minutes. Remove from oven and completely cool on the baking sheet. Break up into pieces and store in a covered bowl for up to five days.