My experience with FEL tires, like on my 2400, 1800+ tractor without accounting for FEL weight, is that the wheel is as wide as the tire and the sidewall is short, PSI is 35 with 4 ply fronts for minimum sidewall squirming. I I usually run 25 psi in my fronts and experience no squirming even with the bucket brimming full of damp sand like I did yesterday.
If I were experiencing squirming I'd up the pressure to max and possibly go above depending on lots of variables on going above and how much for how much to be gained.
As long as the tire had the plies and vulcanization to tolerate squirming under load I would do it and not expect any problems. I have run FELS on 40 hp tractors using my radial 4 ply, 235x16 truck take-offs at 35 psig and experience radial squirming but never had a tire problem. Bias plies, especially high ply rating with higher pressures do a super job of reducing/preventing squirming.
The tractor tolerance of squirming I thing would be of no concern considering the relationship of steel/cast iron to rubber....aka stress on the tractor components vs sidewall of the tire......would I do it???? As stated, I've done it.