WARNING! You may want to triple this recipe - it has been known to be highly addictive!
6 cups Chex cereal - Use your favorite
1 stick butter
1/2 cup light corn syrup
1 cup brown sugar
1 cup roasted peanuts
1/4 teaspoon baking soda
In a 4 qt. sauce pan melt the butter, add the brown sugar and corn syrup, stir and heat on medium-high until you see small bubbles forming.
At this point, stir in the baking soda and remove the pan from the heat.
In a large microwave-safe bowl, mix the chex cereal and peanuts together. Pour the hot mixture over the cereal. DO NOT STIR.
Place the bowl in the microwave for one minute. Remove after one minute and stir to combine. Put back in the microwave for another minute, take out and stir again. Repeat one more time (3 times total). Lay the mixture on wax paper - I use Super Parchment - which is a reusable teflon coated sheet similar to Silpat. If using wax paper you may want to butter or spray with cooking spray to avoid sticking.
Let them cool for about 20 minutes or so and then store in a covered container. Enjoy!