1 cup peanut butter
1 cup honey
2 cups powdered milk
1 cup confectioners' sugar
1 cup melted chocolate
1 1/2 cups crushed sweetened corn cereal (recommended: Corn Flakes)
Mix peanut butter, honey, and milk together to form very thick mixture. Roll out into small balls about the size of a walnut. Roll in confectioners' sugar. Dip in melted chocolate. Roll in crushed cereal. Place on waxed paper and refrigerate until set.
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