I have a 505 I and recommend it for what you want. I doubt if there is much difference in the horsepower needed. I had a 504 F which was easy to pull, but the 505 is not hard to pull.
Advantages of the 504 are smaller bale which can be packed on a trailer without the load being too wide, and there being a little more sale for them since they can be placed in the back of a pickup. Since you don't want to sell hay this shouldn't be a problem, anyway the 505 bale can be put in the back of a pickup. The 504 supposedly makes a neater bale. but I doubt if the cows notice.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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