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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
--- | ---
Jan. 28, 2024 | Jan. 29, 2023
Derivative [Line Items] |  |
Net Earnings Attributable to Hormel Foods Corporation | $ 218,863 | $ 217,719
Fair Value Hedges |  |
Total Gain (Loss) Recognized in Earnings | (12,040) | 3,547
Derivatives designated as hedges | Commodity Contracts |  |
Fair Value Hedges |  |
Total Gain (Loss) Recognized in Earnings | (9,163) | 6,425
Derivatives designated as hedges | Interest Rate Contracts |  |
Fair Value Hedges |  |
Total Gain (Loss) Recognized in Earnings | (2,878) | (2,878)
Derivatives designated as hedges | Cash Flow Hedges | Commodity Contracts |  |
Cash Flow Hedges |  |
Gain (Loss) Reclassified from AOCL | (11,601) | 10,859
Amortization of Excluded Component from Options | (1,156) | (1,412)
Derivatives designated as hedges | Cash Flow Hedges | Interest Rate Contracts |  |
Cash Flow Hedges |  |
Gain (Loss) Reclassified from AOCL | 247 | 247
Derivatives designated as hedges | Fair Value Hedges | Commodity Contracts |  |
Fair Value Hedges |  |
Gain (loss) on Commodity Futures and Interest Rate Swap | 3,595 | (3,022)
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)

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