Sweet & Salty Party Mix - the ultimate caramel popcorn. This stuff should come with a warning label! It is ridiculously delicious. Popcorn, peanuts, pretzels, and Chex cereal coated in an easy homemade caramel sauce made with butter, brown sugar, corn syrup, and baking soda. This makes a lot of snack mix. It is great for parties and an easy homemade holiday gift. Whip up a batch ASAP!
In large mixing bowl, combine popcorn, pretzels, peanuts, and cereal; set aside.
Combine butter, brown sugar and corn syrup in large saucepan. Cook and stir over medium heat until mixture comes to a boil. Continue to cook without stirring for 3 minutes. Remove from heat; carefully stir in baking soda.
Pour caramel sauce over popcorn mixture; stir until evenly coated. Spoon onto rimmed baking sheet; bake 30 minutes, stirring every 10 minutes. Remove from oven.
Transfer popcorn mixture to large piece of parchment paper. Cool completely, breaking mixture into clusters as it cools.