A classic, old-fashioned recipe for homemade caramel popcorn balls. A rich caramel sauce is made from evaporated milk, sugar, dark corn syrup, and margarine, and cooked to 246°F (hard-ball stage) on the stovetop. This hot, sticky caramel is then poured over a large batch of popped popcorn, tossed to coat, and shaped into balls using plastic wrap.
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