What is spice and wolf season 3?

As an AI language model, I don't have information on any release dates or updates about upcoming seasons, but I can provide an overview and background information:

Spice and Wolf is a light novel series written by Isuna Hasekura. The anime adaptation of the same name consists of two seasons, with the first season released in 2008 and the second season released in 2009. The series follows the story of a traveling merchant named Kraft Lawrence and a wolf deity named Holo, who possesses the ability to take on a human form.

The anime has been praised for its unique premise, strong characters, and beautiful animation. Fans have been eagerly anticipating a third season of the show, but as of yet, there have been no official announcements about a third season. However, there have been rumors and speculations fueled by various sources that the anime may be getting a third season in the near future, but nothing has been confirmed yet.