The NFU has produced two-page summary document explaining the farming sector's principal asks to government on future flood management.
The sector has responded to the National Flood Resilience Review, published today.
It is estimated that the costs of the 2007 and 2013/14 floods on agricultural businesses were £50m and £19m respectively.
"The final costs of the 2015 floods are still unknown," the document says.
"However, it is crucial that these costs reflect both the direct financial impacts on individual agricultural businesses as well as the wider economic impacts on local employment, infrastructure and utilities.
The document goes on to say that agriculture is often at the mercy of extreme and changeable weather.
"Whilst current funding prioritises concentrations of people and property, farmers experience a lack of maintenance of watercourses and coastal channels and reduced maintenance of banks and flood defence assets.
"The result is more frequent, more extensive and longer duration flooding.
"This is an unsustainable and inequitable outcome, which causes damage to farming businesses and rural communities."
The NFU’s preferred approach is for government to establish a "long-term, strategic plan" for flood and coastal risk management.
"This plan must be designed to cope with extreme events, take a whole catchment approach to management decisions and intervention," the document says.
"Consideration should also be given to the impacts of infrastructure and development on agricultural land."
The government review, led by the cabinet office, was established to assess how the country can be better protected from future flooding and increasingly extreme weather events.
Improved rain and flood modelling, a significant increase in new temporary flood defences and greater protection to infrastructure were all outlined in the government’s Review today.
The new NFU Flood Manifesto will be released in December 2016.
