It isn't preferred to ever weld a cast iron pump component. We would try to stock cast steel replacements. What are you trying to repair? You could machine new from bar stock depending on the component.
However, I have been in a pinch before and welded CI with Ni-Rod. The high preheat is required to prevent the cracking. I would recommend a 500 - 600F preheat. At my company, we would use tracing and wraps to maintain it during the weld process. If you start to lose the preheat, the cast iron will crack. After each pass, a person could choose to peen with ballpeen hammer to relieve stresses. We then slow cool it. Drop the tracing down to 250/300F and let cool. Then remove and cool in still air to ambient.
Another reason for the preheat and slow cool is to keep the welds soft. If you cool to fast and avoid the cracking, the part will be so hard that you can't machine it OR it can crack during machining process.
Cast iron welding is an art. There aren't many guys out there that can do it well. It takes lots of practice.
I hope that helps. I learned it the hard way!