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DERIVATIVES AND HEDGING - Consolidated Condensed Statements of Operations Impact of Gains or Losses on Derivative Instruments (Details)
$ in Thousands, bu in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 31, 2022
USD ($)
May 01, 2022
bu
Jul. 25, 2021
USD ($)
Jul. 31, 2022
USD ($)
bu
Jul. 25, 2021
USD ($)
Oct. 31, 2021
bu
Derivative [Line Items]            
Net Earnings Attributable to Hormel Foods Corporation $ 218,915   $ 176,917 $ 720,103 $ 627,101  
Fair Value Hedges            
Total Gain (Loss) Recognized in Earnings 13,338   1,131 $ 18,938 (8,678)  
Cash Flow Hedges | Corn            
Fair Value Hedges            
Futures contracts, volume (in million bushels) | bu       34.9   33.1
Derivatives designated as hedges | Commodity Contracts            
Fair Value Hedges            
Total Gain (Loss) Recognized in Earnings 13,313   979 $ 16,927 (8,830)  
Derivatives designated as hedges | Interest Rate Contracts            
Fair Value Hedges            
Total Gain (Loss) Recognized in Earnings 25   152 2,011 152  
Derivatives designated as hedges | Cash Flow Hedges | Commodity Contracts            
Cash Flow Hedges            
Gain (Loss) Reclassified from AOCL and Amortization of Gain on Interest Rate Locks 21,216   14,261 38,561 18,723  
Amortization of Excluded Component from Options (1,145)   (1,543) (3,089) (1,543)  
Gain (Loss) Due to Discontinuance of Cash Flow Hedges 0   0 1,620 0  
Derivatives designated as hedges | Cash Flow Hedges | Interest Rate Locks            
Cash Flow Hedges            
Gain (Loss) Reclassified from AOCL and Amortization of Gain on Interest Rate Locks 247   152 741 152  
Derivatives designated as hedges | Cash Flow Hedges | Corn            
Fair Value Hedges            
Futures contracts, volume (in million bushels) | bu   0.6        
Derivatives designated as hedges | Fair Value Hedges | Commodity Contracts            
Fair Value Hedges            
Gain (loss) on Commodity Futures and Interest Rate Swap (6,758)   (11,739) (20,165) (26,010)  
Derivatives designated as hedges | Fair Value Hedges | Interest Rate Swap            
Fair Value Hedges            
Gain (loss) on Commodity Futures and Interest Rate Swap $ (222)   $ 0 $ 1,270 $ 0