To amend the Federal Crop Insurance Act to require the Federal Crop Insurance Corporation to offer farmers supplemental crop insurance based on an area yield and loss plan of insurance, and for other purposes.

H.R. 721 would expand the options available to farmers under the Federal Crop Insurance Act by requiring the government to offer a specific type of supplemental coverage. This coverage would be based on "area yield and loss," meaning payouts would be triggered by production losses across a specific geographic area or county rather than just on an individual farm. For citizens and producers, this bill aims to provide an additional layer of financial protection against widespread agricultural disasters, potentially stabilizing local economies that rely heavily on farming.