I laughed at the visual of me rolling hundreds of tiny balls of peanut flavored cereal and placing them on a cookie sheet to bake! (ibreatheimhungry.com)
A good alternative is rabbit food, or a paper litter formed into tiny balls. (petbusiness.com)
Now make tiny balls out of this mix and boil for 8 - 10 minutes in chicken stock. (banglarecipe.net)