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I got this recipe from a friend of mine and I am unsure of the source.
I hope this helps, as I know regular milk will not substitute.

Use it whenever sweetened condensed milk is called for in a recipe. And you can make it for a lot less than you would buy it for.

Yield: The equivalent of one 14-ounce can of sweetened condensed milk.

Ingredients

1/3 cup water
2/3 cup sugar
1 cup dry milk powder
3 tablespoons butter

Directions

1. Heat a bowl of water in the microwave until it is very hot (or use tap water if you can get it steaming hot).
2. Combine the remaining ingredients in a small bowl. Add the hot water and beat with an electric mixer or wire whisk until smooth.

Note: This should be made as you need it and will not store well. One recipe equals one can of store bought sweetened condensed milk.

Make stock for a delicious start to a pot of classic french onion soup.

Drooling at the thought of simon's recipe!

Trying a new recipe I go by the given recipe unless there is an ingredient that the family wouldn't like... like cayenne pepper etc. Also when baking anything the first time, I stick to given measurements. After that I go with my instincts, and try to be creative.

The kids had this and only this at their house when I went there for dinner... talk about crap! ( in their defense, it was inexpensive)
I made them a batch of ranch, honey mustard and 1000 island dressing before I left.

Definitely dry what you can not use fresh....
I have a potato soup recipe that calls for tarragon. I know it's not soup weather right now in most of ther country.
Allrecipes has a ton of recipes with uses for tarragon.

I have for years thought that I was a little weird for loving tomato sandwiches. My husband gave me looks when we were first married for eating them, but after 20 years I don't think much fazes him any more...
Toasted bread, mayo, and tomato. No s&p.
Guess what I'm having for lunch today?

Corned Beef flats. When they go on sale in March I typically buy 8-10. They're rediculously expensive otherwise. They freeze quite nicely.

Key lime pie! 3 egg yolks, 1 can of sweetened condensed milk, 1 cup of Nellie and Joes Key lime Juice, the pie crust and voila! As close as heaven gets on earth to me.

I make mine the same way TeriN does but I do add a little onion powder to mine, I like the way it flavors it. And depending on the sausage I use maybe a pinch of dry sage, not a super fan of sage, a little goes a long way with me. If ya like it spicy just a wee bit of cayenne is nice.

I too buy powdrerd buttermilk and use it frequently when baking as well as making my own "ranch" style dressing mix.
It's round 8 bucks and will go a long long way. Keep it well seald in the fridge, it usually has about 8 months to a year on the "use by" date when I buy it.
I hope this helps. Good luck.

Ease up folks, these aren't your every day fries. Like any one has fries on a daily basis. And these are a lot healthier than my guilty pleasure of pulled pork smothered fries from Baldy's in Bend Oregon.
No, I don't know the fat and carb count although I assume it WAY up there. I split em 3 ways, and they are oh so delicious and a treat!
I like the fact of the oven multitasking and myself would roast either more garlic or something else to be energy concious.
Thanks for a nice post.