What is your hay handling and storage situation? Alone, have help, lots of time or short on it, have a 1st floor mow, or 2nd floor etc?
That is, you seem to have the capacity to cut and windrow hay, but as mentioned, baling can demand a bigger machine.
Your horsepower might work at slow speed, but I think a 1725lbs tractor running a baler is going to get pushed around, if not be overwhelmed.
But a 60 year old tractor of the same horsepower, but heavier, might not have a problem.
…but back to handling and storage. For more years than not, hay wasn’t baled. Putting a string around it was only because it reduced the amount of time and labor to move it from field to barn. The conversion to round bales handled by diesel power has reduced human labor more.
Look at what some Amish do using 1 or 2 horsepower to get hay to the barn. Found this picture on the internet:
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