In large non-reactive Dutch oven, combine all ingredients except peaches. Stir until well mixed. Cook over medium heat until mixture boils, stirring occasionally. Cook 10 minutes. Stir in peaches. Reduce heat; simmer uncovered 30 to 35 minutes or until mixture is thick and most of the liquid is evaporated, stirring frequently near the end of cooking time. Ladle into 4 clean (1/2-pint) freezer-safe jars. Wipe rims of jars and seal. Cool at room temperature 24 hours. Store in refrigerator up to 3 months or in the freezer for up to 1 year.