v3.26.1
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. 26, 2026
Apr. 27, 2025
Apr. 26, 2026
Apr. 27, 2025
Derivative [Line Items]        
Net Earnings Attributable to Hormel Foods Corporation $ 157,474 $ 180,017 $ 339,274 $ 350,592
Fair Value Hedges        
Total Gain (Loss) Recognized in Earnings 6,152 (1,860) 8,274 (2,259)
Derivatives designated as hedges | Commodity Contracts        
Fair Value Hedges        
Total Gain (Loss) Recognized in Earnings 5,904 (2,107) 7,780 (2,753)
Derivatives designated as hedges | Interest Rate Contracts        
Fair Value Hedges        
Total Gain (Loss) Recognized in Earnings 247 247 494 494
Derivatives designated as hedges | Cash Flow Hedges | Commodity Contracts        
Cash Flow Hedges        
Gain (Loss) Reclassified from AOCL 5,910 (1,326) 8,104 (3,467)
Amortization of Excluded Component from Options (221) (211) (447) (419)
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 $ 215 $ (571) $ 123 $ 1,133