Well imagine if you have enough ballast on so you have no tire slip and are pulling a two bottom plow. You come to a hidden rock that is well attached to bedrock and one of the plow points catches under the lip of the rock. You have just broken something on the plow. (at least a shear pin if it has them) or yanked the tractor to a complete stop which isn't going to be good for a lot of things from the rear castings to the main crank bearings.
But if your tires are already slipping ten percent and you get that sudden extra resistance they will break free and spin while the draft control tries to raise the plow up enough to clear the rock.
There is another caution in my manual.
"To extend drive train life, avoid excessive soil compaction and rolling resistance, avoid adding too much ballast. Ballast should never exceed the weight required to provide traction for continuous full power loads in 3rd gear for 2-wd tractors. Remove ballast if tractor engine labors when pulling heavy loads in the first three gears.
When using mechanical front wheel drive, ballasting to one gear slower is appropriate. "