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DERIVATIVES AND HEDGING - Consolidated Condensed Statements of Operations Impact of Gains or Losses on Derivative Instruments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 28, 2024
Apr. 30, 2023
Apr. 28, 2024
Apr. 30, 2023
Derivative [Line Items]        
Net Earnings Attributable to Hormel Foods Corporation $ 189,278 $ 217,239 $ 408,140 $ 434,958
Fair Value Hedges        
Total Gain (Loss) Recognized in Earnings (10,849) (2,080) (22,890) 1,468
Derivatives designated as hedges | Commodity Contracts        
Fair Value Hedges        
Total Gain (Loss) Recognized in Earnings (7,972) 798 (17,134) 7,223
Derivatives designated as hedges | Interest Rate Contracts        
Fair Value Hedges        
Total Gain (Loss) Recognized in Earnings (2,878) (2,878) (5,755) (5,755)
Derivatives designated as hedges | Cash Flow Hedges | Commodity Contracts        
Cash Flow Hedges        
Gain (Loss) Reclassified from AOCL (8,155) 732 (19,756) 11,591
Amortization of Excluded Component from Options (850) (1,497) (2,006) (2,909)
Derivatives designated as hedges | Cash Flow Hedges | Interest Rate Contracts        
Cash Flow Hedges        
Gain (Loss) Reclassified from AOCL 247 247 494 494
Derivatives designated as hedges | Fair Value Hedges | Commodity Contracts        
Fair Value Hedges        
Gain (loss) on Commodity Futures and Interest Rate Swap 1,033 1,563 4,628 (1,459)
Derivatives designated as hedges | Fair Value Hedges | Interest Rate Contracts        
Fair Value Hedges        
Amortization of Loss Due to Discontinuance of Fair Value Hedge $ (3,125) $ (3,125) $ (6,250) $ (6,250)