White waxy residue on G-1 after reconditioning

Have any of you ever had a white waxy residue on your jacket after you have reconditioned it?

I used redwing leather cream and it looked fantastic to start with. Then I went out in the rain and it looked all covered in white spots. I did my best to wipe off the cream and then put dark brown sapphire shoe polish on it.

This last step has made it look a LOT better but I am still getting some white waxy residue coming through.

I just wondered if you have encountered this and if you have a...

White waxy residue on G-1 after reconditioning