The invention discloses a novel high-efficient heated air circulation type cereal drying machine. The novel high-efficient heated air circulation type cereal drying machine comprises a machine frame, a dust exhaust pipe, a top rail, a feed pipe, an equal divider, a bin, a baking bin and a base, wherein the dust exhaust pipe, the top rail, the feed pipe, the equal divider, the bin, the baking bin and the base are sequentially mounted on the machine frame from top to bottom; a lifting machine and a discharge pipe are mounted on the side surface of the machine frame; a flow divider is arranged at an outlet of the lifting machine; cereals are controlled by the flow divider to enter the feed pipe or the discharge pipe; a food grain discharge auger and a moisture meter are mounted in the base; the equal divider is an unpowered automatic-rotation type conical food sprinkling equal divider; the baking bin is divided into an air inlet corner box layer and an air outlet corner box layer up and down; a calorifier is a variable frequency motor; and the magnitude of the air outlet quantity is controlled according to the water ratio measured by the moisture meter. The novel high-efficient heated air circulation type cereal drying machine disclosed by the invention adopts whole sealing design, is simple in structure and reliable in mechanism, the occurrence of material plugging situations can be effectively avoided, and the feed rate of the cereals can be increased; the equal divider is improved, so that the crushing rate is low, the consumption of energy resources is low, the machine is convenient to operate and in maintenance operation, the baking efficiency is high, and the novel high-efficient heated air circulation type cereal drying machine has favorable economic benefits.