I used the regular Feibings dye in the past, and have changed to the Professional dyes and I have noticed that the leather ends up slightly softer than the cheaper dye.
How are you drying the leather after dyeing? The humidity in your house can make quite a difference on your leather. It might be that the sheaths are over drying. I have found that applying oil with the leather slightly damp will help the oil to penetrate and keep the leather soft. At first I didnt think it would work. You know the whole oil and water thing. But so far its been working well.
Before I moved to my current shop, my previous place was extremely dry. I believe it was because of the electric heaters. Nearly everything would over dry. I used to have to place the sheath in a box that was partially closed to slow the drying and let it sit overnight. If I wasn't careful some items would dry up to the point that they were useless and I had to start over.
My current shop is in a basement, and my sheaths wouldnt even dry overnight because of the higher humidity of the environment. So I started using a "dry box". All I use is a large tote, a really small space heater, and a dish rack. I place the sheath on the dish rack and close the lid with about an 1" of space to vent out of the top. I can dry out a sheath within 20 minutes after dyeing. Note that I will cut the sheath parts out, and then dye everything before I assemble them. If you time the process out correctly, the leather returns very close to its natural state. I have been using this dry box nearly 3 times a day through out a sheath building process. Going from drying the leather after dyeing, then after wet molding, then after I oil and wax. The heat from the dry box helps the oil to penetrate the leather fibers. It also works very well to dry the wax treatment, and then you can buff it out to a nice shine. All I use is a 50/50 mix of beeswax and neatsfoot oil.
This dry box has become such an instrumental part of my sheath building that I am building a cabinet specific for this drying process. Complete with a digital timer,temp/humidity monitor, high/low heat, and a thermostat controlled heater that will turn off while keeping the fan going to keep the air moving.
Anyways, I do suggest using a dry box. You can more closely monitor the drying process. Maybe what would work is to dry the sheath about 3/4 of the way, apply oil, then put it in the dry box so the heat helps the oil to penetrate better.