Sweetened Condensed Milk
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http://www.angelfire.com/mo3/crochetgal/eats.html
1 cup Powdered milk
1/3 cup Boiling water
2/3 cup Granulated sugar
3 tablespoons Butter
Put all ingredients in a blender and blend until all of the sugar is dissolved.
If the mixture is too thick for your purposes, add a few drops of water and blend.
Equals about 1 can sweetened condensed milk.