Prices of cereals are unlikely to rise further as witnessed in the recent past but may remain elevated well into the next fiscal due to vagaries of climate change, strong global and domestic demand, rating agency Crisil said. Domestic production of cereals has grown consistently in the past 50 years. However, prices of cereals have risen faster. The weighted average crop price index for cereal crops logged 3-4 per cent CAGR (Compounded Annual Growth Rate) over fiscals 2017-2022, it said in a report.