Rust 1.16 is scheduled to be released March 16. It's a modest release but there are some goodies in it like
cargo check and several ergonomic improvements: release notes.
Oh, also there are 9 bugs filed against beta. Oh my! There's less time than you might think to get these pinned down. Let's do our best! I know we can. Last time we fixed all the bugs we knew about before release, and that was kinda great.
There are also 5 issues on the 1.16.0 milestone. This is the first release milestone we've used in a while, and it's tracking a few things that must happen before the release.
To leave us breathing room in the schedule, please endeavor to have beta backports in by March 3. That is two weeks from now.
Beyond 1.16 there are more great things on the horizon: see release milestone predictions.