NFU deputy president David Exwood said the union's president Tom Bradshaw had been in talks with Prime Minister Sir Keir Starmer this week and he was hopeful the Government would 'make an offer' in the coming days.
Opening the CropTec show at Stoneleigh, Warwickshire, on Wednesday (November 27), Mr Exwood said: "We have found ourselves in the worst position we have been in for some time with a callous and chaotic Government policy dropped like a bomb which has undermined the industry and targeted the wrong people. The targets are not misaligned, they are bent.
"Behind every farming business is a family. Family businesses get the the job done. That is why they deserve to be protected."
Mr Exwood praised the industry's show of unity in Westminster last week (November 19) and said it was now down to the Government to respond.
While he was hopeful of some change in direction, he urged farmers to 'take control of what they can', now.
"Work closely with the supply chain and find a contract that gives you a more certain income - budget certainty that you cannot find from Government," said Mr Exwood.
"The Sustainable Farming Incentive is slow and it is not perfect, but it is open and if you can apply you should. It will give you guaranteed income for three years.
"Keep investing. If we sit back, freeze as a business and shut the chequebook, we shut suppliers' businesses too."
He highlighted the need to look after the workforce and encourage them 'to stick with us through difficult times'.
He also called on businesses to integrate new technology, collaborate more, 'get off the farm, learn and listen' in order to help businesses increase efficiency and grow.