When you say you can use any wire from the cap and plug it to the coil and get a very nice blue/ white hot spark. Do mean you take one of the plug wires(1 of 4) and plug the spark plug wire into the center plug hole on the coil and it sparks when you hold the other end of the plug wire close to the tractor body (ground). If so, I would say your problem is in the distributor to the plugs.
Or two, do you mean the spark plug wire is in one of the outside holes on the distributor cap and you spark at the frame of the tractor?
It sounds like the secondary current coming into the center of the distributor cap is not being transferred to the outer ring of spark plug holes. The dist. cap could be cracked, the tang on the rotor is not touching the center hole inside the distributor cap, the rotor is bad, or the shaft on the distributor is sheared off and is not fully spinning around.
I'm assuming that you have set up your timing properly and the distributor has not slipped. I have had this problem before myself. I had to slowly turn the distributor, lock it down, move it again until I got it right.
If you think its timing, post back and I'll help you.