dec4trax,
Jeff9366 has explained the situation clearly and correctly. The PROPER way to pull a load is with the drawbar since the drawbar is mounted below the center of rotation which is the axle center. I know a person who incorrectly hitched up a heavy load, higher on tractor than proper mount point, and tractor pivoted about the axle and flipped over backwards, killing the person. Happens so fast the operator was still in the seat for the entire ride.
I have a Max 24 so I looked at the operators manuals for both tractor and the FEL.
Tractor weight: 1693 Lbs
FEL crated weight: 545 Lbs
Combined tractor and FEL likely weight: 2,193 ( I removed 45 Lbs for the crating )
I find NO mention in the Max 24 operator manual for maximum tow capacity. Shame on Mahindra. Kubota is is very clear about their machine capacities.
In tractor operating manual is section on connecting implement to drawbar and specification of max vertical load on drawbar is 661.5 Lbs
My personal preference is limit total towed weight to 50% of the 2,193 Lbs over flat ground and 33% of the 2,193 for your 8-10% grade. Grades are where you can into trouble fast
( gravity can be cruel teacher ) if things go wrong ( brakes are not rated for the total load, brakes fail, 3 pt hitch pivots upward, etc ). The drawbar is fixed ( captive in verticle axis ) and can only rotate L-R unless mount point fails.
I personally would not be towing 2,000 Lbs with a Max 26.
Hope this helps