Sorry, not by a long shot. The standard '32 commercial color was called "blue rock green" and is definitely a fairly dark blue-green and not an olive green. (The striping pattern is not original as well, although striping was an extra cost option on commercial vehicles and trucks.)
The color chips in the photo below aren't all that helpful given their small size, but Mountain Brown comes across as a fairly dark brown.
Ford added the passenger car colors as available as single colors (not two-tone line the passenger cars) on commercial vehicles late in the model year, but neither Brewster green light or medium are olive greens.