As a crucial step in food production, tillage and land preparation play a pivotal role in achieving sustainable crop production and improving the soil environment. However, accurate assessment of the load that agricultural machinery implements during the operation process has always been a vexing problem that needs urgent solutions. In this paper, an extrapolation and reconstruction framework for the time-domain load is constructed based on the probability-weighted moments (PWM) estimation and the peaks-over-threshold function, and the load spectrum is obtained for agriculture general power machinery. Firstly, the load acquisition system was developed, the traction resistance and output torque of the tractor were measured, and the collected load signals were preprocessed. Next, the mean excess function and PWM estimation are introduced to select the optimal threshold and generalized Pareto distribution (GPD) fitting parameters and the extreme load distribution that exceeds the threshold range is fitted. The extreme points in the original data are replaced by generating new extreme points that follow the GPD distribution, and the extrapolation of the load spectrum is achieved. Finally, the real extrapolated load spectrum was validated based on statistical characteristics and rainflow counting analysis, and the correlation coefficient between the fitting data and the extreme load samples was greater than 0.99. It can retain the load sequence characteristics of the original load to a great extent, truly reflecting the load state during the operation of agricultural machinery. Meanwhile, the characteristics of the load spectrum can be accurately obtained, such as extreme, mean, and amplitude values, and the real load during deep loosening and rotary tillage are accurately described. The values provide more authentic and reliable data support for the subsequent selection of optimal operating parameters, reliability design of the power transmission system, and the life assessment of the agricultural implements.