Spur gears (also known as bull and pinion gears) work fine until the gear ratio gets high, say 5 or 10 to 1, or higher. Depending on the design, at certain ratios and above only one tooth on the pinion and bull gear are engaged at the time. That single tooth must carry the entire torque being transmitted by the gear set, resulting in a high load on the tooth in terms of both bending moment and pressure on the tooth face.
Spur gears are also fairly large and result in an offset in the driveline since the centerline of the pinion gear is removed from the centerline of the bull gear by one half the sum of the pitch diameters.
Planetary gearsets instead typically have three (or more) planet gears, each of which is engaged with (usually) more than one tooth on the pinion (sun gear) and more than one tooth on the ring (outer, internal toothed) gear. Therefore the planetary gearset is physically smaller and lighter than the bull gearset. The planetary gearset also allows (requires?) that the input and output shafts be in line.
I suspect (but do not know) that planetary gearsets are more expensive to manufacture than bull and pinion gearsets. If so, they probably are used on the larger tractors because they handle the torque better and allow a more compact transmission case.
Virtually all automotive automatic transmissions use planetary gearsets, as do the "powershift" transmissions on construction equipment like crawler tractors and loaders.
Since a tractor manufactor is presumably trying to make its tractor as cheaply as possible, I am not sure the type of final drives are an indication of quality. After all, a planetary gearset can be undersized for the load just as easily as a bull and pinion gear set can be. It is possible to build bull gear and pinion gearsets that will handle enormous torque. Two examples are the bull gear and pinion final drives in every Caterpillar dozer through D-9 size until the Hi-drive was introduced 20 or so years ago, and the turbine drive reduction gear in steamships like the WW II battleships.
In wheel and track driven equipment, the planetary gearsets are often incorporated into the wheel hub. If the last gear reduction is at the "end" of the drive train, then the drive train components ahead of it can turn faster and, since a shaft rotating at a higher speed transmits the same horsepower with less torque than a slower turning shaft, the shafts can be smaller, lighter, and cheaper. The Caterpillar Hi-Drive has a planetary gearset in the elevated drive sprocket.