If you bent a connecting rod, the associated piston won't go to the top at TDC. This reduces the compression ratio on that cylinder and that would produce incomplete combustion (aka smoke). But a bent rod can also cause the piston to sit cocked in the cylinder which will eventually oval-out (ruin) the cylinder. However, there are many other benign causes of smoke.
The thing I consider most important is you report a noticeable drop in oil level in just 6 hours of operation. Unless you have an oil leak, this would indicate a serious problem. It may be a broken piston ring (at the good end of the scale) to a cracked head or deformed cylinder (at the bad end of the scale). Any of these would require major engine work. On the other hand, it is hard to detect a small oil loss unless the engine sits un-run for days before each measurement and the tractor is not moved. Modern oils (esp synthetic) really "stick" to the metal parts so a great deal of oil will return to the pan only after days of draining. Cold weather increases this behavior.
If it were me, I'd do a compression test before making any decision. That will require a Diesel compression gauge with correct adapters for your glow or injector holes. If all cylinders have good compression, I'd advise just using the tractor and ignore the smoke. If the compression is seriously bad on one cylinder I'd get prices in engine replacement vs a rebuild. If replacement is comparable to rebuild, I'd still just run it and plan on replacing the engine if it self destructs. If a rebuild is way cheaper (and you have confidence in the rebuilder), It might be worth taking it to the dealer now.
More thoughts: is this tractor under warranty? If so, take it to a dealer now.
More thoughts: Have you replaced the fuel with fresh winter or winterized #2 Diesel? As we have seen in another post, summer diesel or home heating oil can be pretty smoky in cold weather.