Combine peppers, vinegar, and sugar in a large Dutch oven. Bring to a boil. Reduce heat; simmer, uncovered, 5 minutes. Add fruit pectin, mixing well. Bring to a boil. Reduce heat, and simmer 4 minutes.
Quickly pour jelly into sterilized jars, leaving 1/2-inch headspace; cover at once with metal lids, and screw bands tight. Process in a boiling-water bath 5 minutes. Serve jelly with beef, veal, or lamb.