1 (2 pound) loaf processed cheese food (such as Velveeta®), cut into 8 pieces
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2 (7 ounce) jars pimento peppers, drained and chopped
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¼ cup tarragon vinegar
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¼ cup mayonnaise
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¼ cup unsalted butter
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¼ cup white sugar
Instructions
Combine cheese food, pimento peppers, tarragon vinegar, mayonnaise, butter, and sugar in a large saucepan or Dutch oven over low-heat; cook, stirring occasionally, until the cheese and butter are melted completely, about 20 minutes.
Pour mixture into sealable containers and refrigerate at least 4 hours before serving.