The Saddlers and Shrews, who are joined in Group 5 by Burton Albion and Mansfield Town, have already met once this season as they opened their Youth Alliance campaigns at the beginning of August - the Shrews won that match by two-goals-to-one.
Walsall arrive at this weekend's match on the back of a disappointing defeat to Port Vale, the Valiants winning the match by two-goals-to-one, with Joe Cairns scoring for the men in red.
Shrewsbury's last match was a one-nil victory over Rochdale, the result helping the young Shrews get back to winning ways after being defeated by Preston North End a few weeks ago.
Today's match will take place at Shrewsbury Sports Village with kick-off scheduled for 11:00am.