Actually, the valve COULD be single acting. It's not unheard of for remote valves to be "convertible" in that regard. I know they are on the Workmaster 75. That tractor uses a different valve, but it it has a stem on the back side that when backed out the valve operates as single acting. The parts list shows a stem of some sort with a knob on the valve for the 55. It could be for this purpose, or a flow control. By the layout of parts involved it doesn't look like a flow control.
To determine this, unplug BOTH hoses to the baler. Run the tractor at a steady RPM, maybe 1200 or so. Pull the remote lever fully one way and hold it until the pressure builds to system relief, then reverse the lever and see if it does the same in both directions. A double acting valve will load the motor, sound, and feel the same at the end of the stroke in both directions. A single acting valve will not.