Speaking to Variety, "Fargo" showrunner Noah Hawley has confirmed that the third season of the series won't be out until 2017. According to Hawley, there just isn't enough time to get production started and the series launched before the end of this year.

"The reality is you won't see it in 2016," Hawley explained. "It's a winter show for better or worse. There is not time to shoot another year before this winter is over. We'll be writing over the next few months with the idea we'll go into production, much like our first year, in November and be back on the air in spring of 2017."

Hawley continued to explain that he has already written the material for the first hour of "Fargo" season 3 and that he and the writing team will use the upcoming months to finish writing the screenplay for the series. 

It was also noted that the network the series has aired on, FX, has been patient no matter how long it takes for the team to work on the next season of their anthology series. The gap between season 1 and season 2's premiere was a total of a year and a half and this may prove true again between season 2 and season 3.

The showrunner did manage to give some insight on what season 3 will be about. According to Hawley, the season will primarily be set in 2010, four years following the events of season 1. Despite this, none of the primary characters from the first season will return for a prominent role in season 3.

However, Hawley did not rule out the chance of characters popping up in one of season 3's storylines. He also explained that the story of "Fargo" season 3 will be more contemporary given that it is now set in 2010. This may likely lead to more modern technology becoming integral to the story such as the emergence of smartphones.