36. The open interest for the ICE November 2018 Canola futures contract is the sum of all short and all long futures contracts that are outstanding (have not been offset). a) True b) False 37. Trading volume is the number of contracts in futures or options on futures transacted during a specified period of time. a) True b) False 38. Our current supply managed dairy system in Canada has a quota in place. Without this quota, the quantity of milk and dairy products produced would not be adequate to satisfy Canadian demand. a) True b) False 39. The initial payment paid to producers by the Canadian Wheat Board (CWB) for wheat delivered to an elevator represented the total sales value for the grain that was received during the crop year and sold by the CWB. a) True b) False