Not familiar with that particular model, but sounds like the hydraulic pump is losing it's prime and it would be running dry all the time the warning light is on. I suspect the pump is a dry sump, meaning the pump has to draw oil up out of the tank before it can start pumping. So, it's running, up to temperature, oil is thin. Shut it off, thin oil drains back to tank, gets cold, and is very difficult to draw back up to the pump.
Maybe someone knows, or find a schematic, see if there is a check valve in the suction line to prevent this. It could also be that the pump is getting weak or possibly a leak on the suction side of the pump.
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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