A food tray has a lower tray containing a first food product and an upper traynested stably at least partly inside the lower tray, with the upper traycontaining a second food product. An air permeable interface is providedbetween the upper tray and lower tray to allow venting of steam from the lowertray during cooking. A cover is provided for the food tray. Each of the lowertray and the upper tray are formed of a material that is suitable for use in amicrowave or conventional oven. Various constructions may be used to createthe air permeable interface, such as lugs, ledges and lips. The upper tray maysit above the lower tray. The trays are nested loosely for ease of removal ofthe upper tray from the lower tray. Various configurations of cover may beused such as a sleeve, carton or lid. The upper tray may contain the highervalue food product.