If it were just the disc drifting down I would suspect the cylinder on the disc, but since the baler is losing pressure as well, it is most likely the valve under the seat on the tractor.
Try the other remote if the tractor has two. It may not be as worn and will hold. At least you can get the job done and push back the teardown until there isn't so much work to do.
With the teardown, I find putting the valves back together without them leaking profusely to be a frustrating task. The only people able to put them back together so they don't leak are old school IH mechanics, which are hard to find these days as most are retired in their 70's.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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