Smullen & Dan,
Loading tires on a tractor is a cheap way of adding weight, but that's about the only benefit. Otherwise it is hard on the tires, rims, and less efficient for traction than adding wheel weights. BUT, IT IS CHEAP, which is why we, and most other people loaded our farm tractor tires for years. There are two different schrader valves generally used on tractor tires. One has a spring that extends beyond the seal into the lower portion of the valve stem (which is what you seem to be describing), the spring and a small retaining wire are exposed to whatever is in the tire (loading fluid). There is another type which is about 1/2 the overall length and does not have this extension and would not have parts subject to corrosion as much. The two are generally interchangeable. Never had or heard of one "blowing out".
Tires should NEVER be loaded clear to the top! There needs to be some amount of air space left at the top to retain any shock absorbing capacity in the tire otherwise tire life is dramatically reduced. To be safe, figure on loading the tire only to about the stem with it in the 12:00 position. Load only tires with tubes (agricultural tubes designed to be loaded have a 2 pc valve stem with a retaining ring at the rim). I have never seen a set of rims that wasn't damaged over time from corrosion by loading, even with fluids other than calcium chloride. On the other hand I changed a set of tires on a Farmall H last summer on 60+ year old rims that had never been loaded, they looked really good inside.
If it's a tractor that I know I'll personally be doing any tire changes on in the future, I stay away from loading and look for wheel weights.
But then again... it is cheap weight.