Molasses Taffy 1 1/3 cups Eagle Brand sweetened condensed milk (1 can) 1/2 cup molasses Few grains salt Cook sweetened condensed milk, molasses and salt together in a heavy saucepan. Stir over low heat until hard ball forms when tested in cold water (250 to 266 degrees F on candy thermometer). Cool on a buttered platter or pan. Pull, with buttered hands, until firm. Stretch into a long rope and cut into pieces.