1. Leave the position/draft lever in Position mode. Always. Draft is very specialized for using a molboard plow - it can really give you bad results for other things.
2. The fixed top link on a backhoe should carry the load. You should not put the 3pt selector lever all the way up. I understand there is a bit of slop in all the linkages so you can make the backhoe go up or down a tad bit; but that isn't what you are supposed to do really. The fixed top link should hold the hoe.
3. If you raised the 3pt selector lever all the way up, you may have heard a high whirrr, and noticed the engine grunt just a little bit? That is oil going through the bypass (pressure relief) valve because you are overloading the hydraulics. It is designed to do this intermittently without harm, but if you left it doing this for long periods, that really heats the oil & works your oil pump very hard & could weaken the bypass valve.
You shouldn't really overload the hyd system like this. You can rock the hoe up or down a little by moving the selector control a little bit - sure. But don't put it all the way up. You can just leave it all the way down, and let the hoe hang on that fixed upper link - that's how it's meant.
4. Water, dirt (causes the bypass or other valves to stick open), low oil level causing the pump to lose prime, and other issues can cause the hyd pump to no longer move the 3pt hitch - any of which common to a tractor that has set for a while. Since the hoe has it's own pump, I will guess you do not know if any other hyd circuts are working, and so it is hard to tell for sure what is going on.
Not sure what happened or what you did exactly, but hope this gives you some place to start or explain fruther.
--->Paul