Rat,
The reason a gear tractor can maintain a steady constant speed is because there is zero slippage in the drive train. While you say you can maintain the same speed with your HST as your gear, you don't KNOW this for certain. With a gear tractor, once you work out what rate of application for a specific groundspeed, with the same gear (shifted into it so there is no, yeah, I think the pedal is in the same place) and same RPM you have exactly always the same groundspeed.
Race car drivers do the same thing with the TACH. They use the pace car to set the pace (that is why it's a pace car), in a specific gear, at a known RPM they will always be at 45 for the pit lane.
You are right that you can very the groundspeed with the throttle and your HST pedal in the same way on the 2 different tractors. In truth, an AG tractor used in this application tends (not exclusively) to be big enough that any reasonable, tillable hill it comes to won't phase it a bit in RPM. And if it does, just a bit more throttle to maintain the RPM and you KNOW you have the same groundspeed. Some of the modern tractors with radar and GPS (as Cowboydoc said) will maintain that constant speed all by themselves. Also, for the most part, AG tractors tend to have enough traction that variations in the soil conditions have a marginal affect. The farmer tends not to go to areas that are going to provide really bad traction, he might get stuck, and that really screws with efficiency. Not to mention it gums up a planter.
In short, HST is great for harry homeowner applications as we all know, but if you want a constant groundspeed for the application of fertilizer, chemicals, or seed, and your tractor isn't a new fangled job with a computer, it is impossible to do with HST.
A modern Big AG tractor is truly an incredible machine. With the GPS they might have a map of their field identifying nutrient poor and rich areas. In those areas the computer will automatically adjust the flow rates of the fertilizer or chemical to deliver exactly the amount the soil engineer told him to. Heck some farmers ARE soil engineers. With dead constant groundspeed, the farmer can apply 1500 lbs/ac in one spot and 1700 lbs in another. Much more efficient than having to shoot for the average need of the whole farm.
Nick