Farm Pond refers to either of the bodies of water found on the player's farm.
In the farm ponds, there is a high chance to catch trash during fishing.
You can sometimes catch a Pike. In the Forest Farm, you may also fish a Woodskip, and Chub may also be caught in a Wilderness Farm.
Crab Pots may be placed in the Farm Pond and they will act as if placed in any other fresh water source.