* frumentum: This refers to grain in general, encompassing wheat, barley, oats, etc. This is probably the closest single-word equivalent if you're talking about the grains themselves.
* far: This is specifically wheat flour, but could be used in a broader context if discussing a breakfast made from flour.
* puls: This refers to porridge, a food made from boiled grain. This is a good option if you're talking about a cooked cereal.
* A phrase: For more accuracy, you might need a descriptive phrase, like "frumentum coctum lacte" (grain cooked with milk) if describing a specific kind of cereal.
Therefore, the best translation depends heavily on the context. There's no single perfect Latin word for "cereal."