Crop models are of great use and importance in modern agriculture. Most models imply spatial vegetation indices, such as NDVI, or canopy cover characteristics, such as FGCC, to provide estimation of crops conditions and forecast productivity. The purpose of the study was to (1) determine the possibility of mutual conversion between spatial NDVI and Canopeo-derived FGCC in five crops (grain corn, sunflower, tomato, millet, and winter wheat) and (2) estimate the precision of such a conversion. The data set of the study was formed by the OneSoil AI derived satellite imagery on NDVI for the studied crops in different stages of their growing season combined with Canopeo-processed photographs of vegetating crops in the field with FGCC percentage calculation. The sets of NDVI and FGCC values were paired up and then statistically processed to obtain polynomial equations of NDVI into FGCC and inverse conversion for each crop. The results of the study revealed that mutual conversion between spatial NDVI and Canopeo-derived FGCC is possible. There is a strong direct correlation (R2 within 0.6779–0.9000 depending on the crop) between the studied indices for all crops. Close-growing crops, especially winter wheat, showed the highest correlation, while row crops and especially tomatoes had a less strong relationship between vegetation indices. The models for mutual conversion between FGCC and NDVI could be incorporated into the yield simulation models to improve the forecasting capacities.