I'm sure it's a good oil. I believe it's diesel spec'd only, so it might not meet the current API specs for gasoline engine oil. But then, neither would the oil originally used in your tractor.
I don't think New Holland owns any refineries, so they're buying it from somebody else. My guess is it's neither better nor worse than the name-brand diesel-spec oils you can get at Wally World, such as Shell Rotella or Chevron Delo. As far as whether it's a better oil for your flat-tappet engine than some other brand, you would need to know how much ZDDP is in both.
I generally get whatever 10W-30 oil happens to be on sale. For my newer vehicles I stick with Mobil One, but for the tractor I haven't switched to synthetic. It doesn't get enough use to worry about it.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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