Kinetic modeling is essential in understanding and controlling the process of cellulose hydrolysis for producing value-added cellulose derivatives. This study aims to adopt a set of dominate kinetic ordinary differential equations of cornstalk cellulose hydrolysis in supercritical water for mechanism-based prediction of the production of cellulose, glucose, fructose, glyceraldehyde, erythrose, 5-hydroxymethyl furfural, glycolaldehyde, threose, aldose, and other cellulose derivatives from cornstalks under processing conditions with a pressure of 89 MPa and a temperature of 378 °C, as considered in a recent experimental study in the literature. The yield rates of several cellulose derivatives, e.g., glucose, fructose, 5-HMF, and erythrose as predicted by the present model, are close to those of experimental measurements. The model is further used to predict the yield rates of a few new cellulose derivatives, e.g., glycolaldehyde, threose, and aldose, that are potentially generated in cornstalk cellulose hydrolysis in supercritical water. The present model and computational simulations can be utilized as a rational tool to predict, control, and optimize the derivative yields in cellulose hydrolysis in supercritical water via tuning the process parameters, and, therefore, are useful for the optimal production of targeted bio-based fuels and chemicals from cornstalks and other agricultural and municipal wastes.