Bio-oil and bio-char were produced from corn cobs and corn stover (stalks, leaves and husks) by fast pyrolysis using a pilot scale fluidized bed reactor. Yields of 60% (mass/mass) bio-oil (high heating values are w20 MJ kg 1, and densities >1.0 Mgm 3) were realized from both corn cobs and from corn stover. The high energy density of bio-oil, w20–32 times on a per unit volume basis over the raw corn residues, offers potentially significant savings in transportation costs particularly for a distributed ‘‘farm scale’’ bio-refinery system. Biochar yield was 18.9% and 17.0% (mass/mass) from corn cobs and corn stover, respectively. Deploying the bio-char co-product, which contains most of the nutrient minerals from the corn residues, as well as a significant amount of carbon, to the land can enhance soil quality, sequester carbon, and alleviate environmental problems associated with removal of crop residues from fields.